6727 Camellia Avenue Active

North Hollywood (los Angeles),CA 91606

$ 1050000

3 Beds

0 Bath

1850 SqFt


Key Details

Property Type Other Types

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 1,850 sqft

Price per Sqft $567

MLS Listing ID CL24467069

Bedrooms 3

HOA Y/N No

Year Built 1956

Lot Size 6,546 Sqft

Acres 0.15

Property Description

Situated on a 6,546 square foot lot, the building contains two one-bedroom units and one two-bedroom unit, spanning a total of 1,850 square feet. The property is not on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), saving a new investor from otherwise costly repairs. Being listed for sale along with the adjacent property at 6726 Beck Avenue could allow an investor to control two parcels that span block-to-block and cover approximately 13,297 square feet of land. Both parcels are situated within a Tier 1 TOC zone, and a new owner may be able to boost revenue substantially by adding ADUs to the lot. The property features full copper plumbing and the owner has maintained the property well, including the installation of a brand new roof in 2021. New window screens, exterior lighting, and security cameras were added recently as well. The on-site laundry facilities offer a supplemental income stream to a new investor. With its solid pipeline of recent and upcoming development projects, North Hollywood has benefited from a strong influx of capital. The new NoHo West mixed-use development features a Trader Joe's, Nordstrom Rack, Regal Cinema, LA Fitness, and several other shops and restaurants as its accompanying 644-unit multifamily develop

Location

State CA

County Los Angeles

Area Listing

Zoning LARD

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 2320016017

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